September setup looking spicy.
August brought record institutional inflows: $3.3B into $BTC, $1.5B into $ETH. Smart money still stacking.
But volatility spiked hard. $9.71B liquidated in the last two weeks of August alone. $6.55B shorts, $3.16B longs. Leverage got wrecked.
Fed Chair Kevin Warsh hinted at a September rate hike on Aug 28. $BTC dumped from $81k to $77k same day. Rate hikes = capital rotating into bonds and gold. Risk assets like crypto and equities take the hit.
Sept 15: U.S. Senate votes on the CLARITY Act. If it passes, bullish signal for regulatory clarity. Could flip sentiment.
September is historically a weak month for crypto. But this time? Different variables in play. Institutional demand vs macro headwinds. Watch liquidity and the Fed closely.
August brought record institutional inflows: $3.3B into $BTC, $1.5B into $ETH. Smart money still stacking.
But volatility spiked hard. $9.71B liquidated in the last two weeks of August alone. $6.55B shorts, $3.16B longs. Leverage got wrecked.
Fed Chair Kevin Warsh hinted at a September rate hike on Aug 28. $BTC dumped from $81k to $77k same day. Rate hikes = capital rotating into bonds and gold. Risk assets like crypto and equities take the hit.
Sept 15: U.S. Senate votes on the CLARITY Act. If it passes, bullish signal for regulatory clarity. Could flip sentiment.
September is historically a weak month for crypto. But this time? Different variables in play. Institutional demand vs macro headwinds. Watch liquidity and the Fed closely.